Now on bbc news live to singapore for Asia Business report. Zuckerberg grilled on the hill. Us lawmakers challenge facebooks boss over his crypto currency plans. The rise of the robots. What they be helpful mechanical friends or just steal ourjobs . It isa it is a thursday. Good morning asia and have a world. Glad you could join us for this exciting addition of Asia Business report. I am rico hizon, lets start with critter currency because Facebooks Mark Zuckerberg has tried to reassure sceptical us lawmakers over the safety of their proposed Digital Currency libra. At a testimony in congress, us lawmakers attacked plans for the pay system warning it could be abused by criminals and terrorists. He told the hearing he understood the reservations about libra but was determined to persevere. The idea behind libra is that sending money should be as easy as sending a message for some it will be a global Payment System fully backed by a reserve of cash and highly liquid assets. And i believe they need to be built and i get that i am not the ideal messengerfor get that i am not the ideal messenger for this get that i am not the ideal messengerfor this right get that i am not the ideal messenger for this right now. Get that i am not the ideal messengerfor this right now. We faced a lot of issues of the past few years and i am sure there are a lot of people who were wishing but facebook were helping to propose this. The bbcs north america reporter has more from washington. It was a most another mostly uncomfortable visit to washington for Mark Zuckerberg. The discussion up for Mark Zuckerberg. The discussion upfor for Mark Zuckerberg. The discussion up for discussion this time around was their ambitions to launch a Global Crypto currency named libra. Mark zuckerberg said that if they we re Mark Zuckerberg said that if they were held back from seeing that ambition through that somebody else would step in their place and that other person could be a company in china. However zuckerberg did pledge to only launch libra if the company was able to get approval from all the relevant regulators in the us. The company was also criticised over its recent policy changes on political ads and how they have decided to no longer fact check political advertising on the platform. And there is also growing concerns that new features that will be added to facebooks messenger app in the future could make it easier for criminals to share images of child abuse. There is the feeling here that is growing that lawmakers think facebook should be concentrating on solving its existing problems before taking on a huge new project like libra. Dave lee in washington. In other Business News making headlines, shares and tesla chopping by 20 in extended your trade was at this is after the lecture job your trade was at this is after the lecturejob your trade was at this is after the lecture job averted your trade was at this is after the lecturejob averted car your trade was at this is after the lecture job averted car may fetch her surprise investors by posing a prefera ble her surprise investors by posing a preferable Third Quarter. Posted by record deliveries, cost cuts and improve production schedules for its new model. Boeing has reported a sharp drop in Third Quarter earnings as its once best selling 737 max jet remains grounded after two deadly crashes. The company booked another 900 million in costs due to the fa cts 900 million in costs due to the facts as it reported much bolder probability as is betty. Samira hussain has more from new york. Boeing is facing its biggest crisis of its 103 year history for sub the boeing 737 max planes have been grounded for the last seven months. Ceo Dennis Mullen burke has said the planes will be approved to fly again by the end of the year. But getting approvalfrom by the end of the year. But getting approval from american regulators get to for one hurdle. European regulars have already said they will wa nt to regulars have already said they will want to do their own testing to make sure the jets want to do their own testing to make sure thejets are want to do their own testing to make sure the jets are safe to fly which means the company may have to wait even longer to see the max fleet to fly internationally and the longer this crisis goes on for boeing, the more costly it becomes. In the last three months the company only delivered 63 points. That isjust a quarter of the planes it delivered in the previous three months. It is delaying the launch of a new plane until next year and has sacked the executive in charge of its commercial aviation business. It may ta ke commercial aviation business. It may take much longer for the commercial aviation business. It may take much longerfor the Company Commercial aviation business. It may take much longer for the company to recover from their reputational damage it has suffered as a result of this crisis. Samira hussain in new york. We work leaders have warned staff to expect majorjob because after a shake up at the struggling office based country and the exit of co founder adam neumann for some its chief operating officer said it must now right size the business to stem those losses after its biggest backer softbank agreed to invest billions of dollars after the collapse of plans to sell shares on the stark market. In this region, qantas has reported record quarterly reviews as they surged up 1. 8 even as the australian carrier warned on the impact of its annual results of higherfuel costs, trade the impact of its annual results of higher fuel costs, trade tensions, and protests in hong kong. South korea fonseca Economic Growth slowed in the Third Quarter expended by a less tha n in the Third Quarter expended by a less than excited 0. 4 . This comes as asia s fourth largest accounting is, between the us china trade were and its own dispute with japan. Later today hong kong will be releasing its latest trade numbers after 20 weeks of violent protests. Authorities have pledged 255 million us dollars to help boost the battered economy. For more on the street, im joined by from hong kong by my colleague and Business Reporter andrew wood. Andrew, what are the estimates with the tree numbers . They are not good i am afraid at the moment. I think people are very worried that both the problems of the past 11 5 months namely all the protests and disruptions to business are affecting the mood in hong kong. And dont forget hong kong is also caught in the middle of the us china trade disputes. Hong kong is a key port through which it wants and lots of chinese goods travel to the rest of chinese goods travel to the rest of the world. And the trade figures tend to refight that and at the moment people are looking and saying the trade figures will be certainly disappointing. Andrew you live in hong kong. Describe what you have seenin hong kong. Describe what you have seen in terms of businesses surviving the ongoing unrest and with the recent release measures, will that help . The release measures are targeted particularly at tourism and hospitality. These sectors like hotels have suffered awful lot over the past 11 5 months. Things like hong kong is a great place for people to come for business conferences. A lot of those conferences. A lot of those c0 nfe re nces a re conferences. A lot of those conferences are either postponing, not so many people are coming, they are worried about their safety and that reflect on the hotels. A lot of restau ra nts that reflect on the hotels. A lot of restaurants seem to be worried people dont want to go out perhaps so much in the evening. They are wearing about their safety. 0n the whole i would say hong kong still feels like a remarkably safe place here. To a certain extent you have to go out of your way in order to find pockets of violence. But that said, obviously the publicity is very bad for hong kong. Now hong kong usually relies on tourism from the mainland, a lot of mainland visitors are rather afraid to come here at the moment while protests continue. Thank you so much for joining us and updating us on Economic Situation in hong kong. The bbcs Business Reporter andrew wood. Moving on now to manufacturing and logistics which once demanded huge numbers of workers but increasing factory floors and warehouses are places where technology dominates. The Industrial Transformation asia pacific conference in singapore, the latest innovations are on display as Technology Companies try to convince manufacturers to adopt cutting Edge Production processes. But can machines do all the heavy lifting . Timothy mcdonald went to find out. Some people are worried about the implications of Artificial Intelligence and robotic process automation. There were perhaps it will put us all out of a job for sub the optimists on the other hand say that in fact we are more likely to work alongside these machines should these machines at greatly increased productivity and they will get rid of some of the worst elements of ourjobs. They want to do a quick inspection of the parts, and sometimes people like to scan it and do some copy. They want to do a reverse imaging of the old part. Can you scan anything, my face for simple . I can do it in ten seconds. 0nce my face for simple . I can do it in ten seconds. Once you do a scan you can doa ten seconds. Once you do a scan you can do a model and do some design changes to it. And probably make your own design. What i am wearing is a shoulder part. Meant for people doing sitting work who have to have their elbows high up throughout the day. What about the one i am wearing, what is this for . This one we are you are wearing is meant for back support, meant for workers during heavy lifting all day long. You want to have a go to see how it works . |j lifting all day long. You want to have a go to see how it works . I can feel the resistance right here. 0riginally exoskeletons like this we re 0riginally exoskeletons like this were developed for military use to help soldiers carry very heavy backpacks for example. But now they can be found on construction sites, and warehouses, on factory floors and warehouses, on factory floors and even at airports where handlers need to carry very heavy bags. They might lookjust a need to carry very heavy bags. They might look just a little need to carry very heavy bags. They might lookjust a little bit awkward but they do make life easier. Timothy mcdonald, bbc news. Thanks to him. Lets look now at the asia pacific markets open. Currently in japan and australia currently in positive territory. Each up by half ofa positive territory. Each up by half of a percent. Thank you so much for investing your time with us. I am rico hizon. Sport today is coming up next. This is bbc news. The top stories this hour. British police begin the search to identify the 39 people found dead in the back of a lorry. President trump says hes dropping all sanctions against turkey, after ankara promised him its offensive against the kurds in syria was over. Universities have done too little to tackle racism on campus according to the equality and human rights commission. It suggests a quarter of black and asian Students Experience some form of racial harassment. Heres our education editor bra nwen jeffreys. Universities, places of learning but not always tolerance. This t shirt, worn to a student event this term. Leicester university has disciplined the students involved. I met a recent graduate were calling angela. She was in a lecture at a medical school. Instead of talking about afro caribbean women, the senior tutor repeatedly used the n word. Everyone was very shocked. You kind of hear everyone gasping. There was an audible gasp in the lecture theatre. For you, as a black student, what was the emotional and psychological impact . It makes me feel quite left out and segregated and kind of like i dont belong. For some students, the effect of racism is devastating. We have real concerns in particular about the impact it has had on peoples mental health. We have around 8 of those students who told us about experiencing racism telling us they considered suicide as a response to that. We heard around one in 20 had dropped out of their degree courses altogether. Universities worry about their reputation and thats got in the way of taking racism on campus seriously. Students will only come forward if there is a safe way of reporting their concerns and if they know they will be acted on. Manchester uni has pioneered this app. It has encouraged more students to report. No one wants to think that theyre in an institution that is seen as sexist, racist or anything else. Absolutely, there is always a tension and nervousness. It is making everyone sit up. There were lots of people who were surprised and shocked at what is coming forward. Unless you hear it you dont know. Is this something thats going to be happening on every University Campus . I think if ijust think about manchester, we are a microcosm of society, no doubt about that. Within every institution, i would be incredibly surprised if there arent issues in every single institution. Universities say the report is sobering. They are promising urgent action. Hello, this is sport today live from the bbc sport centre. Coming up on this programme. The must win in milan is won with inters Champions League campaign back on track against dortmund. Diamonds are 0orawa. The japanese side are through to the final of the asian Champions League. Fede red hot the fed on fire in switzerland as he cruises into the quarter finals. All of the nights Champions League news to come, but lets start with baseball. Game two of the world series is under way with houston at home to washington and the astros keen to level the series after losing 5 4 to the nationals in game one. Lets go live to Minute Maid Park and our reporter seth bennett. Hi seth. Tell us what has been going on. Midway through the second inning and we are tied at two apiece here. Washington is starting remember we talked so much about this being a great matchup of two fantastic pictures but it has been the bats that have been swinging and making the noise so far. Washington taken a